VOL.XXXIXNo.65/66

23/30-December-1996BAHRAIN

BIBAnd BMB Become First Offshore Operations To Be RatedMoody's has also rated its first offshore institutions, Manama-basedBahrain International Bank (BIB), usually considered one of the mostinnovative and professional of the banks in the Gulf region, andBahrain Middle East Bank (BMB). For both banks long andshort-term deposits arerated at sub-investment grade (Ba2/Not Prime) and the banks receive a BankFinancial Strength Rating (BFSR), which...